The 'Organisation for Economic Co-operation and Development' is headquartered in: MCQ with Answer and Explanation

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The 'Organisation for Economic Co-operation and Development' is headquartered in:

A. New York

B. Geneva

C. London

D. Paris

Answer: Option D

Solution (By JKSSB Mock Tests)

OECD is headquartered in Paris.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'multiplier-accelerator interaction' explains:

A. business cycles and fluctuations in income

B. exchange rates

C. inflation only

D. monetary policy only

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Correct Answer: Option A

Explanation:
Multiplier-accelerator interaction explains cyclical fluctuations in income.

This question belongs to: Economy GK Economy Set 1

Question #2

The 'Group of 77' is a coalition of:

A. developing countries

B. oil-exporting countries

C. developed countries

D. European countries

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Correct Answer: Option A

Explanation:
The G77 is a coalition of developing countries at the United Nations.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Finance Minister' who presented the 1991 budget and launched economic reforms was:

A. Jaswant Singh

B. Manmohan Singh

C. P. Chidambaram

D. Yashwant Sinha

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Correct Answer: Option B

Explanation:
Manmohan Singh, as Finance Minister, presented the 1991 budget that launched reforms.

This question belongs to: Economy GK Economy Set 1

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